| Computation of basic and diluted earnings per share |
| | | | | | | | | | ($ in millions except per share amounts) | | | | | | | | | | For the year ended December 31: | | 2020 | | 2019 | | 2018 | Weighted-average number of shares on which earnings per share calculations are based | | | | | | | | | | Basic | | 890,348,679 | | 887,235,105 | | 912,048,072 | Add—incremental shares under stock-based compensation plans | | 4,802,940 | | 4,199,440 | | 2,786,316 | Add—incremental shares associated with contingently issuable shares | | 1,412,352 | | 1,378,831 | | 1,481,326 | Assuming dilution | | 896,563,971 | | 892,813,376 | | 916,315,714 | Income from continuing operations | | $ | 5,501 | | $ | 9,435 | | $ | 8,723 | Income/(loss) from discontinued operations, net of tax* | | | 89 | | | (4) | | | 5 | Net income on which basic earnings per share is calculated | | $ | 5,590 | | $ | 9,431 | | $ | 8,728 | Income from continuing operations | | $ | 5,501 | | $ | 9,435 | | $ | 8,723 | Net income applicable to contingently issuable shares | | | (2) | | | 0 | | | (6) | Income from continuing operations on which diluted earnings per share is calculated | | $ | 5,499 | | $ | 9,435 | | $ | 8,718 | Income/(loss) from discontinued operations, net of tax, on which basic and diluted earnings per share is calculated* | | | 89 | | | (4) | | | 5 | Net income on which diluted earnings per share is calculated | | $ | 5,588 | | $ | 9,431 | | $ | 8,722 | Earnings/(loss) per share of common stock | | | | | | | | | | Assuming dilution | | | | | | | | | | Continuing operations | | $ | 6.13 | | $ | 10.57 | | $ | 9.51 | Discontinued operations | | | 0.10 | | | (0.01) | | | 0.01 | Total | | $ | 6.23 | | $ | 10.56 | | $ | 9.52 | Basic | | | | | | | | | | Continuing operations | | $ | 6.18 | | $ | 10.63 | | $ | 9.56 | Discontinued operations | | | 0.10 | | | 0.00 | | | 0.01 | Total | | $ | 6.28 | | $ | 10.63 | | $ | 9.57 | | | | | | | | | | |
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